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WTI Crude--
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BAKKEN WIRE
The Afternoon Take - Energy Market Briefing
Global Markets

Energy Market Briefing

Bakken Wire Staff·🌅Afternoon Wire·
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Energy Market Briefing Date: Thursday, May 21, 2026

1. Headlines

Oil markets are in a holding pattern today, with both WTI and Brent crude showing minimal movement. WTI settled at $98.13, down just 13 cents, while Brent closed at $104.89, also down 13 cents, according to price data. The narrative in financial headlines is split: Rigzone reports market participants are increasingly viewing oil near $100 as a base case for the year, while also featuring analysis from Wood Mackenzie warning Brent could approach $200 by year-end if supply disruptions worsen.

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